Mr. Andrew Duncan reports

FORTUNE 500 FOOD COMPANY SIGNS FIVE-YEAR RENEWAL FOR BOARDWALKTECH SUPPLY CHAIN SOLUTION

A Fortune 500 client has signed a five-year extension to license and further deploy Boardwalktech Software Corp.'s supply chain solution. The customer is a food and snack manufacturer generating $36-billion in annual revenue. The company expects the renewal to generate in excess of $300,000 (U.S.) of licence revenue over the term of this extension, not including potential professional service work or usage-based upside revenue. Such competitive and confidential terms cannot be disclosed at this time. This renewal represents the third expansion by this customer from the initial contract signed in and renewed since 2015. This deal, and the expansion, was generated through one of Boardwalktech's partners -- a Fortune 500 consulting and financial service firm, with additional active deals and referral through that partner expected this year.

"This contract renewal is a testament to the strengths of both Boardwalktech's supply chain solution as well as our account management efforts, and the value customers derive from our platform," said Andrew T. Duncan, chief executive officer of Boardwalktech. "Our supply chain automation and informational intelligence solutions turns unstructured and structured data into powerful tools that drive customer efficiencies. This renewal adds to our existing portfolio of Fortune 500 clients not only in food manufacturing but also technology, telecommunications and cosmetics, illustrating the universality of our solutions. Our pipeline remains robust in both supply chain and the banking verticals, and we look forward to providing investors with more updates on our progress as we convert our pipeline."

About Boardwalktech Software Corp.

Boardwalktech has developed a patented digital ledger technology platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data are the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, Calif., with offices in India and operations in North America.

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